Senior Property Accountant

This is a fully remote position, open to applicants in Illinois, +2 more states.

📋 Description

• Oversee full-cycle accounting for a designated portfolio of commercial properties, which includes managing accounts payable, accounts receivable, general ledger upkeep, and monthly closing procedures.

• Generate monthly, quarterly, and annual financial reports and statements for property owners and stakeholders, adhering to GAAP and specific client requirements.

• Supervise tenant billing operations, including CAM reconciliations, lease abstract assessments, and recovery calculations.

• Evaluate budget variances, recognize trends, and offer explanations and recommendations to property managers and clients.

• Facilitate the preparation of the annual operating budget and periodic forecasts in collaboration with property management teams.

• Review and process vendor invoices, resolve discrepancies, and maintain vendor relationships while ensuring adherence to lease agreements and management contracts.

• Conduct reconciliations of balance sheet accounts and address outstanding items to sustain audit-ready financial records.

• Act as the main financial contact for property managers, addressing inquiries and providing accounting advice.

• Assist with year-end audits by preparing schedules, collecting documentation, and coordinating with external auditors.

• Optimize processes, adopt best practices, and utilize technology to improve financial operations.

⛳️ Requirements

• A Bachelor's degree in Accounting, Finance, or a related discipline.

• A minimum of 4-6 years of accounting experience, including at least 2 years in commercial real estate or property management accounting.

• A solid understanding of Generally Accepted Accounting Principles (GAAP) and their relevance to real estate operations.

• Advanced skills in property management accounting software (such as Yardi, MRI, or similar) and Microsoft Excel.

• Proven experience with CAM reconciliations, tenant billing, and lease administration from an accounting viewpoint.

• Exceptional analytical abilities with the capacity to interpret financial data and convey insights clearly to non-financial stakeholders.

• Strong attention to detail and a dedication to accuracy in a dynamic, deadline-oriented setting.

• Effective organizational and time management capabilities, with the ability to handle multiple properties and competing priorities simultaneously.

• CPA certification or active pursuit of CPA licensure.

• Familiarity with Yardi Voyager or other enterprise-level property management systems.

• Knowledge of real estate lease structures, including gross, modified gross, NNN, and percentage leases.

• Previous involvement in supporting property acquisitions, dispositions, or refinancing transactions.

• Understanding of ARGUS Enterprise or similar cash flow modeling software.

• Experience working in a client service environment within corporate real estate or professional services.

• Must be eligible to work in the United States without the need for visa sponsorship.

🏝️ Benefits

• 401(k) plan with matching contributions from the company.

• Comprehensive healthcare benefits, including Medical, Dental, and Vision coverage.

• Paid parental leave at 100% of salary.

• Paid Time Off and Company Holidays.

• Early access to earned wages through Daily Pay.

• A supportive culture and a comprehensive benefits package that prioritizes mental, physical, and emotional well-being.